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Gernandt & Danielsson has advised TF Bank in its issue of Tier 2 bonds and redemption of existing Tier 2 bonds
Gernandt & Danielsson has advised TF Bank AB (publ) (“TF Bank”) in its issue of Tier 2 bonds in a total amount of SEK 100 million and the concurrent redemption of its outstanding SEK 100 million Tier 2 bonds.
TF Bank is a digital bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation. Deposit and lending activities are conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria, Spain, Ireland and the Netherlands through subsidiary, branch or cross-border banking with the support of the Swedish banking license. The operations are divided into three segments: Credit Cards, Ecommerce Solutions and Consumer Lending. TF Bank is listed on Nasdaq Stockholm.
Gernandt & Danielsson has advised TF Bank with a team consisting of partners Niclas Rockborn (financial regulation), Mikael Borg and Mikael Bolling and associates Einar Brunsberg and Sofie Hallén (financial regulation).
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Gernandt & Danielsson is one of Sweden’s leading law firms for Swedish and international business law. We are a full service firm with a particular focus on transactions, dispute resolution and financial services. 145 employees, including 95 lawyers, work at our office located in Stockholm. For more information, please visit www.gda.se
